Five students from Gadjah Mada University in Yogyakarta have won the Greenpreneur Competition 2018 held from Oct. 29 to Nov. 2 in Seoul.
The Greenpreneur Competition is an international competition for environment-friendly business designs organized by the Global Green Growth Institute (GGGI). This year, teams from Indonesia, Uganda, Cambodia and Morocco were invited to pitch ideas in the finals in Seoul.
As Kompas.com reported, The Indonesian team was comprised of Yohanes Susanto, Jonathan Kent Sorensen, Muhammad Hafish Mahdi, Albertus Alphero Tangkilisan and Natali Gupita Abhirama.
They presented a design for rainproof organic pesticide production, and their victory earned them US$5,000 in business funding.
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“The raw materials are obtained from leftover distillation products that local distillation companies cannot sell,” Yohanes explained.
He added that this competition was considered unique, as the GGGI had provided 10 weeks of mentoring on marketing and starting a business. “There were weekly assignments we had to submit, from market surveying and financial planning to a social and economic impact analysis,” he added.
With the knowledge and experience gained through the program, the students will prepare to start their own business. (iru/wng)